#TrumpBTCTreasury Donald Trump has launched a bold move into cryptocurrency—his media firm, Trump Media & Technology Group (TMTG), raised about $2.3 billion through equity and convertible notes to build a “Bitcoin treasury” and bolster its cash holdings—now sitting alongside ~$759 million in cash and equivalents—after the SEC declared its S‑3 registration effective on June 13 . Meanwhile, as part of his administration's crypto pivot, Trump signed an executive order on March 6 establishing a Strategic Bitcoin Reserve using roughly 200,000 BTC (≈$20 billion) seized by the U.S. government . Critics warn of ethical conflicts and volatility risks, even as Trump champions BTC as a national and corporate asset.